Industrial production fell by 2.4% in February and adds two months in negative

Consenso del Mercado CdM Industrial production recorded a 2.4% decrease in February compared to the same month last year, representing a rate 1.1 points lower than that of January, according to data from the General Index of Industrial Production (IPI) published by the National Institute of Statistics (INE). Thus, industrial production accumulates two consecutive months of setbacks and also suffers its biggest decline since November last year. …

The General Index of Industrial Production (IPI) dropped by 2.4% in February in relation to the same month of 2024, rate 1.1 points lower than that of the previous month and its biggest decrease since November (-3.5%), as reported this Friday by the National Institute of Statistics (INE). With the fall of February, industrial production chains two consecutive months of setbacks after the decrease of 1.3% experienced in January. Corrected for sea…

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